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PENN Entertainment Announces Interactive Leadership Transition Scheduled for April 2024

Retrieved on: 
Wednesday, January 31, 2024

PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and Noah Levy – will be stepping down from their roles at PENN Interactive, with John departing in mid-February and with Benjie, Aubrey and Noah departing in April 2024.

Key Points: 
  • PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and Noah Levy – will be stepping down from their roles at PENN Interactive, with John departing in mid-February and with Benjie, Aubrey and Noah departing in April 2024.
  • In conjunction with this planned leadership transition, the Company is in the final stages of its search for a new Head of Interactive.
  • “The Levys are a family of successful entrepreneurs and are truly pioneers in the sports media and gaming industry.
  • I am very proud of what we’ve been able to accomplish with them, including the development of an extremely deep and talented bench at PENN Interactive.

PENN Entertainment Announces Partnership With National Hockey League for Online Sports Betting Brands, ESPN BET and theScore Bet

Retrieved on: 
Wednesday, November 29, 2023

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) and the National Hockey League (“NHL”) announced today a partnership that designates PENN’s online sports betting brands, ESPN BET in the U.S. and theScore Bet in Ontario, as Official Sports Betting Partners of the NHL.

Key Points: 
  • PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) and the National Hockey League (“NHL”) announced today a partnership that designates PENN’s online sports betting brands, ESPN BET in the U.S. and theScore Bet in Ontario, as Official Sports Betting Partners of the NHL.
  • As official league partners, ESPN BET and theScore Bet will have access to a host of entitlements, including IP rights, and media and marketing integrations across League programming and premium NHL experiences.
  • ESPN BET, which launched on November 14 in 17 states, is a newly-branded online sportsbook operated by PENN Entertainment that combines ESPN’s industry-leading brand and multiplatform reach with PENN Entertainment’s proprietary in-house technology and deep sportsbook operational expertise.
  • “There’s definite excitement in being one of the first leagues to partner with ESPN BET and PENN Entertainment,” said Jason Jazayeri, NHL Vice President, Business Development.

Detroit Casino Council: Ongoing Strike at Detroit Casino Clouds Much-Anticipated Launch of ESPN BET

Retrieved on: 
Tuesday, November 14, 2023

On Tuesday, Oct. 17, unionized casino workers at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown launched a wall-to-wall strike affecting 3,700 casino workers, including dealers, cleaning staff, food and beverage workers, valets, engineers, and more.

Key Points: 
  • On Tuesday, Oct. 17, unionized casino workers at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown launched a wall-to-wall strike affecting 3,700 casino workers, including dealers, cleaning staff, food and beverage workers, valets, engineers, and more.
  • Late last week, the Detroit Casino Council (DCC) called on the public to boycott all sports betting and online casino platforms associated with the three casinos where workers have been forced on strike: ESPN BET and Hollywood iCasino (Hollywood Casino at Greektown), FanDuel (MotorCity Casino), and BetMGM (MGM Grand Detroit).
  • Since then, Detroit casino workers have received only 3% raises, but inflation in Detroit has risen 20%.
  • These five unions represent most of the workers at the three casinos in Detroit: Hollywood Casino at Greektown, MGM Grand Detroit, and MotorCity Casino.

PANDA Interactive Files Suit Against Sportradar and Genius Sports for Infringing Its Foundational Sports Betting and Interactive Streaming Technology Patents

Retrieved on: 
Tuesday, October 10, 2023

The complaints were filed against Sportradar Group AG (NASDAQ: SRAD) and Genius Sports Limited (NYSE: GENI).

Key Points: 
  • The complaints were filed against Sportradar Group AG (NASDAQ: SRAD) and Genius Sports Limited (NYSE: GENI).
  • The two companies provide much of the technological infrastructure to sports-betting and related interactive video industries.
  • “PANDA developed its pioneering technology long before online sports betting was even legal in the US.
  • Sportradar and Genius Sports are infringing on our patents and capitalizing on our groundbreaking work.”
    “PANDA’s technology is transformational for sports bettors and sportsbooks.

Hard Rock International Kicks Off 24th Annual PINKTOBER Campaign in Support of Breast Cancer Awareness and Research

Retrieved on: 
Thursday, September 28, 2023

HOLLYWOOD, Fla., Sept. 28, 2023 /PRNewswire/ -- Hard Rock International proudly continues its longstanding support of breast cancer awareness and research with the return of its annual PINKTOBER campaign. Throughout the month of October, Hard Rock Hotels, Cafes, Casinos, Rock Shops®, Bet and Games around the globe are "going pink" by participating in fundraising efforts supporting the Hard Rock Heals Foundation®, the charitable arm of Hard Rock, with proceeds benefiting the American Cancer Society and local charities. Adding to the millions of dollars donated throughout the history of the campaign, PINKTOBER raised over $1 million for breast cancer awareness and research last year alone, the largest single amount Hard Rock has raised since the program's inception in 2000.

Key Points: 
  • HOLLYWOOD, Fla., Sept. 28, 2023 /PRNewswire/ -- Hard Rock International proudly continues its longstanding support of breast cancer awareness and research with the return of its annual PINKTOBER campaign.
  • "Hard Rock is proud to unite globally for the 24th PINKTOBER campaign and create philanthropic activations that support organizations which benefit survivors, thrivers and those impacted by breast cancer," said Jim Allen, Chairman of Hard Rock International.
  • Hard Rock Hotels around the globe will host philanthropic-centered activations such as live concerts benefitting breast cancer research, plus engaging donation opportunities across local properties.
  • In addition, Hard Rock International is offering exclusive limited-edition merchandise in support of breast cancer awareness and research, including a PINKTOBER-themed Hard Rock t-shirt, hat, water bottle, and tote bag.

TIPICO SPORTSBOOK TAPS CARDALE JONES, JOSH CRIBBS, AND CALLIE BUNDY FOR ITS NEWEST CAMPAIGN: “BET AGAINST YOUR RIVAL”

Retrieved on: 
Thursday, September 7, 2023

Starting today, Tipico will offer weekly bet credits to its customers in:

Key Points: 
  • Starting today, Tipico will offer weekly bet credits to its customers in:
    Eligible customers will be preloaded a weekly bet credit and encouraged to bet against their home team’s rival.
  • Tipico is marketing its campaigns across its website and paid channels, including social media, digital out-of-home, and other paid channels.
  • Starting this weekend, Tipico will offer customers access to its new “Odds Flash,” offering increased odds for selected markets on Sunday games.
  • Tipico also plans to launch an NFL pregame show each Sunday morning featuring special guests and betting analysis to help bettors.

Energy-as-a-Service Global Strategic Business Report 2023: Energy Industry Wakes Up to the XaaS Revolution & Transitions From Energy as a Commodity To Energy As A Service Business Model - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 7, 2023

The dynamic Energy-as-a-Service (EaaS) market is projected to surge from US$63.9 Billion in 2022 to a revised size of US$134 Billion by 2030.

Key Points: 
  • The dynamic Energy-as-a-Service (EaaS) market is projected to surge from US$63.9 Billion in 2022 to a revised size of US$134 Billion by 2030.
  • This growth journey is underpinned by a noteworthy compound annual growth rate (CAGR) of 9.7% across the analysis period spanning 2022 to 2030.
  • Energy Supply segment is anticipated to achieve a robust 8.4% CAGR, driving its value to US$54.6 Billion by the analysis period's close.
  • Here's Why
    Global Smart Grid Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027
    Energy Efficiency as a Service, an Interesting Trend to Monitor

United Kingdom Leads the Way in Europe's Booming Online Gambling Market

Retrieved on: 
Thursday, August 24, 2023

This migration from offline to online gambling was inevitably accompanied by increased revenue associated with online gambling.

Key Points: 
  • This migration from offline to online gambling was inevitably accompanied by increased revenue associated with online gambling.
  • Growing hardware and software innovations, the rising popularity of casino and sports betting gambling, and enhanced internet penetration are expected to drive the growth of the European online gambling market.
  • However, according to the International Gambling Report 2021, 63% of gamblers worldwide now prefer online gambling over offline gambling.
  • Online gambling is legal and regulated in the country by the Gambling Commission, formed by the Gambling Act of 2005.

PENN Entertainment and ESPN Enter into Long-Term Exclusive Strategic Alliance for U.S. Online Sports Betting

Retrieved on: 
Tuesday, August 8, 2023

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it has entered into a transformative, exclusive U.S. online sports betting (“OSB”) agreement with ESPN, Inc. and ESPN Enterprises, Inc (together, “ESPN”).

Key Points: 
  • PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it has entered into a transformative, exclusive U.S. online sports betting (“OSB”) agreement with ESPN, Inc. and ESPN Enterprises, Inc (together, “ESPN”).
  • PENN will discuss the ESPN transaction as well as its second quarter 2023 results on its previously scheduled conference call and webcast tomorrow morning at 9:00 a.m.
  • For further information, the Company has posted a presentation to its website regarding the transaction, which can be found here .
  • ESPN Bet will be deeply integrated with ESPN’s broad editorial, content, digital and linear product, and sports programming ecosystem.

Chancer Announces BitMart Exchange Listing as Presale Races Past $1m Mark

Retrieved on: 
Monday, August 7, 2023

Chancer , one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone.

Key Points: 
  • Chancer , one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone.
  • This coincides with the announcement that their first exchange listing will take place on BitMart – a hugely popular exchange with users in over 180 countries with a trading volume of over $500 million per day.
  • We're actively pursuing various exchange partnerships and keeping a close eye on the performance of similar projects.
  • As a testament to its fun-loving ethos and commitment to its community, anyone holding CHANCER tokens can participate via Gleam.